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Tuesday, December 3, 2013

Home price gains slowing with winter's approach

Home prices rose by only 0.2% in October from September and virtually no growth is expected in November, market researcher CoreLogic says.
Still, prices were up 12.5% in October vs. a year ago, marking the 20th consecutive monthly year-over-year increase nationally.
"House price appreciation has slowed as expected for the winter," says Mark Fleming, CoreLogic chief economist.

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